Market Signal Briefing

Cover image via U.Today

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The rates of most coins keep rising on the last day of the week, according to CoinStats.

Top coins by CoinStats BTC/USDThe price of Bitcoin (BTC) has gone up by 1.34% over the last 24 hours.

Image by TradingViewOn the hourly chart, the rate of BTC has broken the local resistance of $108,234. If the daily bar closes above that mark, the upward move is likely to continue to the $109,000 range.

Image by TradingViewOn the bigger time frame, the price of the main crypto is going up after yesterday's bullish closure. However, the volume is low, which means bulls might need more time to get strength for a continued move.

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In this regard, consolidation in the narrow range of $108,000-$110,000 is the more likely scenario.

Image by TradingViewFrom the midterm point of view, the situation is less positive for buyers. If the weekly bar closes near its low, there is a high chance of a test of the support of $100,426 by the end of the month.

Bitcoin is trading at $108,455 at press time.

The Pi Network price has stalled at a record low, even as the developers announced a major upgrade to the App Studio with the hope for more ecosystem growth.

Summary

Pi Network price has remained under pressure and is at its all-time low.
The developers launched a major upgrade to its App Studio.
A forming falling wedge pattern could lead to a short squeeze.

Pi Network (PI) token was trading at $0.2040 on Sunday, down by over 90% from its all-time high. This plunge has made it one of the top laggards in the crypto industry.

Pi Network launches App Studio upgrade
The main Pi Network news was that the developers launched a major upgrade to its App Studio on Friday. This upgrade aims to make application creation more accessible, customizable, and integrated within the Pi ecosystem.

For example, the studio is now accessible from the Pi Desktop application alongside other top features like the mining application and the node. 

On top of this, the upgrade brought new features, including AI-assisted customization. This feature makes it easier for developers to build and launch applications. 

Additionally,  the upgrade enhanced the discovery feature and introduced staking integration in the platform. The goal is to ensure that it has a robust ecosystem, which will give it more utility. 

The new upgrade came a few weeks after the developers launched the testnet for its decentralized exchanges and automated market maker. This feature will make it possible for developers to create DEX applications like Uniswap and PancakeSwap.

The Pi Network price has ignored these developments, likely because its core issues remain. For example, Pi token unlocks are adding millions of coins in circulation each day. Data shows that the network will unlock over 1.2 billion tokens in the next 12 months. 

Also, Pi Network is still highly illiquid, with its daily volume remaining below $50 million. This is partly because most crypto exchanges have not listed it yet. Also, Pi is highly centralized, with the foundation holding over 90 billion tokens.

Pi Coin price technical analysis
Pi Network price chart | Source: crypto.news
The daily chart shows that the Pi Network price has been in a free fall since its mainnet launch in February. It has remained below all moving averages, while its volume has dwindled. 

These technicals suggest that the Pi Coin price will continue falling in the coming weeks. However, on the positive side, the token has formed a falling wedge pattern, which may trigger a short-squeeze soon.

DefiLlama has relisted Aster’s perpetual data after a two-week delisting, but historical records and verification remain incomplete.The platform delisted Aster earlier over mirrored Binance volumes, raising wash-trading concerns that still linger despite the reinstatement.Caution is advised as DefiLlama works to add verification metrics, leaving Aster under scrutiny even as ASTER price gains 6%.Over two weeks after delisting Aster’s perpetual data, analytics platform DefiLlama has relisted the fast-rising decentralized exchange, but with certain caveats.

DefiLlama had taken down the Aster platform’s perpetual trading volume data after finding mirrored Binance volumes, triggering fears of wash trading.

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DefiLlama Relists Aster: All You Need to KnowDefiLlama took down Aster’s perpetual data in early October amid mirrored Binance volumes, claims that fueled wash trading concerns. The incident had caused a 10% drop in the ASTER price.

However, new findings show that the perpetuals data is back and live on DefiLlama, but with certain limitations. For starters, there is no record of historical data, as well as lapse in making the development public.

“So after the earlier delisting drama, Aster is now back on DefiLlama, but with big gaps in their historical data. It doesn’t seem like the re-listing was ever publicly discussed. Are we good now? Satisfied volume numbers are legit 0xngmi,” one user posed, addressing DefiLlma builder 0xngmi.

According to the DefiLlama builder, however, while Aster data is restored, there remain a lot of lapses, including the ability to verify numbers. This means users should probably exercise caution when dealing with the platform, particularly where Aster is concerned.

“We’re working on a solution that will include other metrics to improve this, but since this might take some time, the aster team asked us to relist them,” 0xngmi explained.

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In hindsight, the main issue was that Aster’s trading volumes and Binance perp volumes correlate almost exactly.

The correlation, visible across pairs like XRPUSDT and ETHUSDT, suggested that much of Aster’s activity could be non-organic, possibly generated by the exchange itself.

In accordance with DefiLlama’s strict adherence to data integrity, the platform delisted Aster’s perps until transparency improved.

The decision drew mixed reactions, with some users calling for DefiLlama to keep the data with a warning tag. However, according to 0xngmi, doing so would affect total perp volume metrics.

Notwithstanding, DefiLlama’s move to reinstate Aster even before conditions are satisfied shows the analytics platform is not punishing indefinitely. Rather, they leave a path for Aster to prove itself and potentially regain trust.

Still, the move has had a significant effect on the ASTER token price, which has risen by over 5% in the last 24 hours keeping the DEX token in pace with broader market recovery.  

ASTER Price Performance. Source: BeInCryptoAs of this writing, ASTER was trading for $1.20, up by almost 6% in the last day.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

Key Takeaways
Why are Bitcoin miners outperforming BTC?
AI integration boosted Cipher and Iren by 300–500% YTD, reshaping mining into a data infrastructure business.

What does this mean for Bitcoin?
Stable miner revenue reduces sell pressure, setting BTC up for recovery toward $109K–$113K if momentum persists.

Bitcoin [BTC] faced a volatile October, diverging from its usual “Uptober” strength. The coin slipped below $107,000 mid-month, recording a 0.28% daily and 4.43% weekly drop.

However, the spotlight has shifted. Bitcoin miners are stealing the show, outperforming BTC with record-breaking gains driven by artificial intelligence (AI) integration and new revenue models.

Bitcoin mining stocks take the lead
2025 marked a historic year for BTC, with the coin largely trading above $100,000. Yet, the real winners were miners.

According to Bloomberg, Bitcoin miners outperformed traditional BTC miners by shifting to hybrid models that combine artificial intelligence and high-performance computing. 

Source: Bloomberg

As such, the CoinShares Valkyrie Bitcoin Miners ETF surged over 150% year-to-date, outperforming Bitcoin itself. 

Interestingly, investors’ perception of mining companies has shifted as they perceive them as tech infrastructure firms. 

The key behind miner’s historic rally
Amid this, miner uptick, Cipher Mining Inc., and IREN LTD lead the way. In fact, Cipher Mining Inc. surged 304% in 2025. 

Source: MarketWatch

Iren LTD had even made more gains, rising approximately 519% this year alone. The two firms have rallied significantly as they pivot from pure BTC mining to AI infrastructure, seeking consistent revenue. 

Thus, instead of solely relying on BTC, these firms view that AI training could offer a safer and consistent source of revenue to boost their mining revenue.

Source: MarketWatch

Both companies have raised significant capital to fund this transition.

Cipher secured a $3 billion deal with Fluidstack, while Iren recently completed a $1 billion convertible notes offering.

These moves blur the line between AI computing and crypto mining, allowing miners to diversify earnings as the Bitcoin Halving reduced block rewards to 3.1 BTC.

This hybrid approach has changed how investors perceive risk. By tapping into AI-driven revenue streams, miners maintain steadier cash flows even when Bitcoin’s price falters.

Miner profitability remains strong
Significantly, amid a changing ecosystem, miners’ profitability, although moderate, has remained stable since the 22nd of June, when the Puell Multiple dropped below 1.

Since then, this metric has fluctuated between 1.3 and 1.2. At press time, Puell Multiple stood around 1.204, indicating a healthy miner profitability.

Source: Checkonchain

That stability has encouraged miners to hold their BTC rather than sell, reducing exchange inflows and alleviating potential selling pressure.

What this means for Bitcoin
Miners have outperformed Bitcoin this year as they pivot toward AI infrastructure, building steadier revenue streams beyond block rewards.

While BTC trails, this shift could serve as a strategic lifeline. Traditional investors often treat miner stocks as leveraged Bitcoin bets, meaning their rallies can signal early optimism for BTC’s next leg up.

When miner revenue stabilizes through alternate sources like AI computing, the pressure to liquidate BTC declines. This reduces selling risk and strengthens market supply dynamics.

If this pattern holds, Bitcoin may regain momentum and retest $109,590, potentially targeting the Short-Term Holder (STH) Realized Price near $113,200.

However, if miners remain cautious and selling pressure persists, BTC could consolidate between $105,000 and $112,000 for an extended period.

HBAR trades at $0.167, facing resistance at $0.172 as weak investor sentiment limits recovery potential.Weighted sentiment hits an all-time low, while HBAR’s 0.92 correlation with Bitcoin ties its outlook to BTC’s rebound.If Bitcoin rises above $108,000, HBAR could climb toward $0.188; losing $0.163 risks a drop to $0.154.Hedera (HBAR) continues to face downward pressure after confirming its three-month-long wedge pattern. The recent decline reflects fading investor confidence, leaving the cryptocurrency dependent on Bitcoin’s recovery. 

With BTC showing early signs of strength, HBAR’s next move could hinge on the crypto king’s ability to sustain upward momentum.

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Hedera Investors Are PessimisticHBAR’s weighted sentiment indicator has dropped to an all-time low, suggesting that traders are increasingly skeptical about HBAR’s short-term potential.

This lack of conviction highlights the cautious mood in the market, particularly as broader volatility keeps participants hesitant to re-enter positions.

The decline in sentiment could directly affect capital flows, limiting potential inflows into the network. As selling pressure persists, Hedera’s market activity risks stagnation unless renewed optimism surfaces. 

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

HBAR Weighted Sentiment. Source: SantimentFrom a macro perspective, Hedera’s correlation with Bitcoin stands at 0.92, marking a strong relationship between the two assets.

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This correlation suggests HBAR’s performance is largely tied to Bitcoin’s direction. If BTC maintains its current rebound and rises above $108,000, HBAR could experience a similar upward push.

This connection could prove beneficial in the near term, especially as Bitcoin begins to stabilize. However, the downside remains if BTC faces renewed selling. In such a case, HBAR’s dependency could expose it to further declines.

HBAR Correlation To Bitcoin. Source: TradingViewHBAR Price Can Note RecoveryHBAR trades at $0.167, hovering just below the key resistance of $0.172. The altcoin remains within a descending broadening wedge. This is a pattern that often precedes a bullish breakout once market conditions align with investor sentiment.

If Bitcoin continues to strengthen, HBAR could breach $0.172 and $0.180, targeting $0.188 in the short term. This rise is crucial for the altcoin to eventually validate the above-mentioned pattern.

HBAR Price Analysis. Source: TradingViewConversely, if bearish sentiment persists and investor apathy deepens, HBAR could fall through $0.163 and reach $0.154. Losing this support would invalidate the bullish outlook and signal further downside risk.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

The crypto market had a mixed performance last week as Bitcoin and most altcoins retreated, and some, like Bittensor, Ethena, Morpho, and Conflux jumped.

Summary

One of the top crypto market news stories will be the upcoming US inflation report.
Delegations from China and the US will meet in Malaysia to deliberate on trade.
A major political gathering will happen in China this week.

Cryptocurrency prices will react to several major events this week, including the US inflation report, the Fourth Plenum of China’s CCP, and the upcoming talks between US and Chinese authorities.

Crypto market to react to U.S. inflation data
Crypto prices were mixed last week, despite some Federal Reserve officials, including Chairman Jerome Powell, delivering dovish statements. Most of them were supportive of interest rate cuts, which they believe are needed as the labor market deteriorates.

The main risk the central bank faces is that inflation has remained stubbornly high due to President Donald Trump’s tariffs. 

Therefore, the crypto market will react to the upcoming U.S. inflation report, which the Bureau of Labor Statistics has committed to releasing despite the government shutdown — the third-longest in U.S. history.

Economists expect the data to show that the headline Consumer Price Index rose from 2.9% in August to 3.1% in September. Core inflation, which excludes the volatile food and energy products, is expected to rise to 3.2%.

In theory, the crypto market is likely to resume its downtrend if the inflation report falls short of expectations. A higher inflation figure than expected will put pressure on the Fed in its meeting next week.

China Fourth Plenum meeting
Another potential catalyst for the crypto market will be a significant political gathering in China. Known as the Fourth Plenum, this gathering will have officials review the country’s 15-year plan. 

Historically, these events have had an impact on the broader financial market. While the meeting has previously avoided mentioning cryptocurrencies, there is a slim chance that officials will do so this week. Besides, the US, its rival, has implemented a series of positive crypto regulations. 

Officials may also discuss cryptocurrency as part of globalizing the yuan. One approach may be to promote the digital yuan or even yuan-based stablecoins. 

China-US meeting on trade
The crypto market crashed on Oct. 11 after Trump threatened to impose a 130% tariff on Chinese goods. This statement followed China’s unveiling of a series of measures, including investigations into Qualcomm and restrictions on rare earth mineral exports. 

These trade issues have contributed to the ongoing volatility in the cryptocurrency market. Therefore, traders will focus on the upcoming meeting between U.S. and Chinese officials in Malaysia. Signs of a deal between the two sides will be a positive development for cryptocurrencies.

The other potential crypto market news this week will be the ongoing earnings season in the US and the top token unlocks, including Avalanche, TON, and LayerZero.

NEW YORK, Oct. 19, 2025 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Zions Bancorporation, N.A. (NASDAQ: ZION, ZIONP) resulting from allegations that Zions Bancorporation may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Zions Bancorporation, N.A. securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=46354 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

WHAT IS THIS ABOUT: On October 15, 2025, Zions Bancorporation, N.A. announced that it would be taking a $50 million charge-off for a loan underwritten by its wholly-owned subsidiary, California Bank & Trust, in light of “apparent misrepresentations and contractual defaults by the Borrowers and Obligors and other irregularities with respect to the Loans and collateral.” Zions Bancorporation, N.A. further disclosed that it would be engaging counsel to coordinate an independent review of the matter.

On this news, Zions Bancorporation, N.A. common stock fell 13.14% on October 16, 2025.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. At the time Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        [email protected]
        www.rosenlegal.com

, /PRNewswire/ --

Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Snap Inc. (NYSE: SNAP) between April 29, 2025 and August 5, 2025, both dates inclusive (the "Class Period"), of the important October 20, 2025 lead plaintiff deadline.

So what: If you purchased Snap securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Snap class action, go to https://rosenlegal.com/submit-form/?case_id=2663 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 20, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the Case: According to the lawsuit, defendants throughout the Class Period created the false impression that they possessed reliable information pertaining to Snap's expected advertising revenue and anticipated growth while emphasizing potential macroeconomic instability. In truth, Snap's optimistic reports of advertising growth and earnings potential fell short of reality as they relied far too heavily on Snap's ability to execute on its potential; Snap was already experiencing the ramifications of a significant execution error when defendants' claimed a lack of visibility due to macroeconomic conditions. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Snap class action, go to https://rosenlegal.com/submit-form/?case_id=2663 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.

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Analyst’s Disclosure:I/we have a beneficial long position in the shares of PFFA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

NEW YORK, Oct. 19, 2025 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Dow Inc. (NYSE: DOW) between January 30, 2025 and July 23, 2025, both dates inclusive (the “Class Period”), of the important October 28, 2025 lead plaintiff deadline.

SO WHAT: If you purchased Dow securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Dow class action, go to https://rosenlegal.com/submit-form/?case_id=44352 or call Phillip Kim, Esq. at 866-767-3653 or email [email protected] for more information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 28, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and misleading statements and/or failed to disclose that: (1) Dow’s ability to mitigate macroeconomic and tariff-related headwinds, as well as to maintain the financial flexibility needed to support its lucrative dividend, was overstated; (2) the true scope and severity of the foregoing headwinds’ negative impacts on Dow’s business and financial condition was understated, particularly with respect to competitive and pricing pressures, softening global sales and demand for Dow’s products, and an oversupply of products in Dow’s global markets; and (3) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Dow class action, go to https://rosenlegal.com/submit-form/?case_id=44352 or call Phillip Kim, Esq. at 866-767-3653 or email [email protected] for more information.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        [email protected]
        www.rosenlegal.com

NEW YORK, Oct. 19, 2025 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers or sellers of common stock of Cepton, Inc. (NASDAQ: CPTN) between July 29, 2024 and January 6, 2025, both dates inclusive (the “Class Period”), of the important December 8, 2025 lead plaintiff deadline.

SO WHAT: If you purchased or sold Cepton, Inc. common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Cepton, Inc. class action, go to https://rosenlegal.com/submit-form/?case_id=45981 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 8, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements regarding Cepton’s business, operations, and compliance policies. Specifically, defendants made false and/or misleading statements and/or failed to disclose that: (1) Cepton had received a credible third-party bid valuing Cepton at more than double the Koito Acquisition (Cepton’s merger with Koita Manufacturing Co., Ltd.); (2) Cepton’s Board of Directors failed to meaningfully explore the foregoing offer and failed to disclose its terms when recommending that Cepton’s shareholders approve the Koito Acquisition; (3) consequently, Cepton’s shareholders were deprived of the opportunity to meaningfully consider whether to accept or reject the Koito Acquisition; and (4) as a result, defendants’ public statements were materially false and misleading at all relevant times.

To join the Cepton class action, go to https://rosenlegal.com/submit-form/?case_id=45981 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        [email protected]
        www.rosenlegal.com

LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of F5, Inc. (“F5” or “the Company”) (NASDAQ: FFIV) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. F5 admitted on October 15, 2025, that the Company had learned in early August that a “highly sophisticated nation-state threat actor had gained unauthorized access to certain [F5] systems.” The Company added, “during the course of its investigation, [F5] determined that the threat actor maintained long-term, persistent access to certain F5 systems, including the BIG-IP product development environment and engineering knowledge management platform,” and that “through this access, certain files were exfiltrated, some of which contained certain portions of the Company’s BIG-IP source code and information about undisclosed vulnerabilities that it was working on in BIG-IP.” Based on this news, shares of F5 fell by more than 10% on the same day.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

LOS ANGELES--(BUSINESS WIRE)--Freshpet, Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights – FRPT.

While the Cybertruck could go down as a massive mistake for Tesla, how much should investors worry, really?

During its very first demo, a metal ball was brazenly tossed against the "armor glass" window of a Tesla (TSLA 2.58%) Cybertruck. As we all know now, the demo didn't go according to plan and the shatterproof glass gave way, all but breaking into pieces.

The Cybertruck, intended to be a design that signified Tesla's boldness and futurism (which, in my opinion had already been accomplished when the company drove a radical change in a previously stale electric vehicle industry) is closer to being the butt of jokes and a total commercial flop.

Here's a look at just how poorly the Cybertruck has been received, why electric trucks in general face an uphill battle in the near term, and where Tesla goes from here.

Only a mother could love that design
Tesla's polarizing Cybertruck is a departure from traditional truck aesthetics. The Cybertruck has an interesting design, divisive at best and hideous at worst, and its identity could be just as wide-ranging. Is it a truck that doesn't tow well? Is it an SUV, or something in between? Is it bold or is it just plain silly?

On paper, it's a full-size pickup truck, but it rivals the Chevrolet SSR in confusing looks, and the SSR was part truck, part convertible, and part wannabe hot-rod. The Cybertruck makes Pontiac's Aztek look reasonable, and those two examples are a couple of the biggest automotive flops in history. Should we call it Elon's Edsel?

Tesla reported record deliveries during the third quarter of 2025, in part thanks to flocks of consumers hitting the market ahead of the $7,500 federal EV tax credit's disappearing act at the end of September. In fact, that boost in demand fueled the EV industry to its strongest quarterly result ever, with sales up nearly 30%.

But one of Tesla's most-hyped products, the Cybertruck, sold only 5,385 vehicles during the third quarter, which was a substantial 62.6% drop from the prior year. That sales figure is a drop in the bucket compared to the 250,000 units annually that the company once predicted, or even the 120,000 units annually it was later amended to.

What caused the flop?
The hype from once touting over 1 million reservations has all but faded thanks to production delays, quality issues, and a higher-than-expected price tag. Remember that Tesla initially promised three affordable trims starting at just under $40,000.

That price point was closer to a dream than reality, and the latter brought forth a long-awaited entry-level Cybertruck model that checked in at $69,990 not including additional fees. To make matters worse, that bargain-oriented Cybertruck lived less than half a year before Tesla removed it from the market, leaving the $79,990 all-wheel drive (AWD) option as the cheapest variant currently.

It doesn't help matters that competition caught up, and consumers browsing the segment can find a compelling Chevrolet Silverado EV or Ford Motor Company's F-150 Lightning for about $53,000 and $55,000, respectively.

It also doesn't help that the economics for an electric truck are flipped from traditional gasoline-powered trucks, which generate much larger margins than sedans. An electric truck, however, is still seen as a work tool that requires a larger and more expensive battery for performance, and the battery remains the largest cost in an EV. Those economics make it difficult to produce a compelling electric truck that's both capable and cost-effective.

The road ahead
There's really no sugar coating it, the Cybertruck was a complete and utter failure on many levels -- sales, performance, reception, design, practicality, price, you name it. For investors, it's supremely disappointing but not a deal breaker by any stretch, and it's easy to imagine a path forward when Tesla's best days remain ahead of it.

But it brings up a larger point. Tesla might not currently be in the business of fixing its vehicle lineup, as some investors might hope. The company has made it pretty clear its focus isn't on the next traditional vehicle platform, but rather its robotaxi Cybercab. Further, it seems more apparent with each passing day that Tesla sees itself becoming a business focused on robotaxis, artificial intelligence, driverless vehicles, and robotics than it does solidifying itself as a premium automaker.

There's nothing wrong with that. If Tesla can pioneer those businesses as it initially powered the EV industry, investors will be well-rewarded. But the Cybertruck, its downfall, and lack of a remedy brings us to the current fork in the road: Are we investing in an automaker or a Texas-based tech company? Either way, it's probably time for investors to dust off their Tesla investing thesis and make sure their interests are still aligned before driving down a more uncertain future.

Daniel Miller has positions in Ford Motor Company. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy.

Snap-On Today

$339.61 -4.56 (-1.32%)

As of 10/17/2025 03:59 PM Eastern

This is a fair market value price provided by Polygon.io. Learn more.

52-Week Range$289.81▼

$373.89Dividend Yield2.52%

P/E Ratio17.81

Price Target$363.57

Snap-on Incorporated NYSE: SNA stock trades near the high end of its historical range in 2025, but it can go higher because this premium is well deserved. The high-quality industrial business is well-supported by global demand, generates ample cash flow, and pays a healthy capital return, including dividends, distribution growth, a market-beating yield, and share-reducing buybacks. 

Regarding the value, trading at 17x its current year outlook may be highly valued relative to its historical norms, but let's be fair. This is well below the S&P 500 average; the yield is more than double; the payout is reliable; and the earnings growth outlook is verging on robust.

Assuming the analysts are right—and it's likely the forecasts are too cautious (as has historically been the case)—this stock is trading at approximately 10x its 2030 consensus forecast, suggesting a deep value and that its price could increase by 50% to 70% within a few years. 

Snap-On Outperforms in Q3, Provides Optimistic Outlook 
Snap-on had a solid quarter in Q3 with revenue growing by 3% organically, an FX tailwind emerging, and margins strong. The 3.5% top-line gain is slightly better than expected, driven by strength in the Repair segment, which grew by 8.9%. Strength was also seen in the core Snap-on Tools Group, which grew organically by 1%, offset by a slight decline in the Commercial & Industrial and Financial Services segments.

Regarding end markets, the company says it is seeing demand from both inside and outside garage settings.

The margin news is also solid. The company widened its margins at the gross and operating levels, assisted by foreign exchange translation, leaving operating income and earnings above forecasts. The core operating margin improved by 140 basis points, that’s without the impact of Financial Services, while the net widened by a smaller 90 bps.

The takeaway is that adjusted earnings outperformed by a nickel, in alignment with the topline strength, sufficient to sustain and improve the capital return outlook. 

Snap-on did not provide specific guidance in its report but did offer optimistic commentary. Management says it is well-positioned to sustain its growth, sees numerous opportunities to capitalize on, and is accelerating its capex in Q4 as a result.

The goal is to expand the customer base, move into new verticals, and deepen penetration of critical industries.

Snap-on’s Capital Return Drives This Uptrend
Snap-On Dividend PaymentsDividend Yield2.52%

Annual Dividend$8.56

Dividend Increase Track Record15 Years

Dividend Payout Ratio44.89%

Recent Dividend PaymentSep. 10

SNA Dividend History

Snap-on’s growth trajectory is critical to the stock price outlook, but ultimately, the impact of that growth on cash flow and capital returns drives the market.

This company is a high-yielding stock, paying an annualized distribution of 2.6% as of mid-October.

The payout is reliable, as it is less than 50% of the yearly earnings forecast, and the balance sheet is a fortress. 

Investors may also expect dividend increases in upcoming years. Snap-on has increased for 16 consecutive years and is on track to be included in the Dividend Aristocrats index by the middle of the next decade. 

In Q3, share buybacks decreased the share count by nearly 1% year-over-year, and for the first nine months of the fiscal year, the reduction was 0.75%. 

Snap-on Advances, in Alignment With the Prevailing Trend
Snap-on’s stock price has struggled to gain traction over the past year, consolidating within a range, but this consolidation is within a larger bull market, setting the stock up to advance in 2026. The post-release action includes a 3% price increase, confirming support at current levels and a likelihood for higher price action by the end of the year.

The critical support level is near $330, and a pair of moving averages that includes the 150-day and 30-day EMAs, making it unlikely to be broken. The critical resistance is near $360 and could be reached by late November. In the long term, analysts' trends suggest that this market could exceed the $400 level by mid-2026. 

Should You Invest $1,000 in Snap-On Right Now?Before you consider Snap-On, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Snap-On wasn't on the list.

While Snap-On currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

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Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in BLOX over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

These two high-quality stocks can deliver impressive returns in the long run.

Wall Street has long rewarded patience and sound investment choices far more than market timing. Hence, buying and holding stakes in high-quality companies benefiting from powerful secular tailwinds can be one of the most effective ways to build long-term wealth.

In case you have $5,000 that is not required to pay bills or for any other contingencies, then picking stakes in either of these two stocks can help you generate meaningful returns in the long run.

Image source: Getty Images

ASML
ASML Holding (ASML 0.99%) continues to be a cornerstone of the global semiconductor industry. The company's deep ultraviolet (DUV) and now even more advanced extreme ultraviolet (EUV) lithography systems are essential tools used by leading chip manufacturers to etch ultra-fine circuit patterns onto silicon wafers using laser light.

In the third quarter, the company reported 7.5 billion euros in total net sales and 2.1 billion euros in net income. While net sales were mostly flat year-over-year, the long-term outlook is still strong, driven by explosive demand for advanced chips used in artificial intelligence (AI) and high-performance computing (HPC) workloads.

The company is now gearing up for the commercial rollout of its latest generation EUV lithography system called High-NA, with 0.55 numerical aperture. This next-generation tool can etch circuit patterns at even higher resolutions, enabling chip manufacturers to make even smaller transistors. This results in higher performance and energy efficiency in advanced chips.

Intel and SK hynix have already begun installing these systems. ASML expects even more orders for High-NA EUV systems from the second half of 2026, once existing clients complete the qualification runs to test the consistency and reliability of the tool. The company then expects to start shipments in 2028 and beyond. Since every high-NA system costs from $380 million to $400 million, a sale of even a few systems beginning in 2028 can have a dramatic impact on ASML's topline.

ASML will continue to benefit from the rising demand for complex computing and memory chips in the global AI infrastructure buildout. The company is also benefiting from chipmakers using EUV lithography machines more frequently to create microscopic circuit patterns in multiple steps (EUV layers ) while building advanced semiconductor chips.

Management now expects EUV sales to reaccelerate in 2026, despite a moderation in demand from China. This highlights the resilience of ASML's business model even in a complex geopolitical environment.

Going beyond its strength in AI hardware, ASML has also acquired an 11% stake in Mistral AI. The company aims to leverage generative AI capabilities to improve performance, productivity, and yield of its systems. This deal is expected to enhance ASML's pace of innovation while lowering marketing time and reducing development costs.

ASML's share currently trade at 26.7 times forward earnings, which is reasonable for a company with a solid technological edge. Hence, considering that the company is on the path to getting even stronger in the coming years, this may be a good time to pick few shares of the stock.

Eli Lilly
Leading pharmaceutical company Eli Lilly (LLY -1.94%) has built a strong drug portfolio in obesity, diabetes, and neuroscience. This strength is evident, as in the second quarter, revenue increased by 38% year-over-year to $15.6 billion, while adjusted earnings per share (EPS) rose by 61% to $6.31. Management expects the company's revenue to be in the range of $60 billion to $62 billion in fiscal 2025.

Eli Lilly's diabetes and chronic weight management (incretin) drugs have emerged as the key growth engine. The company's GLP-1 drug, tirzepatide, is marketed as Mounjaro for type 2 diabetes and Zepbound for chronic weight management. Mounjaro accounted for the highest share of total incretin prescriptions for type 2 diabetes in the U.S. in July 2025.

Zepbound also dominates the U.S. branded anti-obesity market with nearly 66% of the total patient share. Hence, Eli Lilly is well-positioned to capture even more share in the global GLP-1 drug market, estimated to grow from $53.4 billion in 2024 to $156.7 billion in 2030.

Eli Lilly's next significant catalyst can be the investigational once-daily oral GLP-1 therapy, Orforglipron. This GLP-1 candidate has demonstrated success in reducing weight and controlling blood sugar for type 2 diabetes patients in multiple Phase 3 trials. Eli Lilly plans to file a regulatory applications with the U.S. Food and Drug Administration (FDA) seeking approval for Orforglipron in the obesity indication in late 2025 and for the type 2 diabetes indication in 2026.

If approved, Orforglipron could reduce the injection burden and make it more convenient for a broader audience to use GLP-1 drugs. Besides GLP-1 drugs, Eli Lilly is also working on other investigational medicines in areas such as Alzheimer's, oncology, and cardiometabolic health.

Eli Lilly's shares trade at 31.2 times forward earnings, which is quite a premium. However, the valuation seems justified considering its blockbuster obesity and type 2 diabetes drug portfolio, robust late-stage pipeline, and impressive financial momentum. Hence, the stock appears to be a smart buy-and-hold pick for long-term investors.

Manali Pradhan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends ASML and Intel. The Motley Fool recommends the following options: short November 2025 $21 puts on Intel. The Motley Fool has a disclosure policy.

With "International" literally in its name, you'd think IBM would be panicking about tariffs. Think again -- the numbers tell a different story.

Trade tariffs are mixing up the global economy in 2025. The Trump administration has issued double-digit import fees on goods from most countries, with even higher rates in markets like China and India. Some of these tariffs are currently in effect, while others are pending, with a patchwork of countermeasures issued by the targeted countries. To keep an eye on this messy situation, check out The Motley Fool's tariff and trade investigation tracker -- a living document that does all the hard data-tracking work for you.

Few companies are more international than IBM (IBM 1.82%) -- Big Blue even has "international" in its name. It runs research labs on six continents, has more employees in India than the United States, and runs business offices in more than 170 countries. Almost exactly half of IBM's revenues were collected in the Americas in 2024, which also includes Canada and Latin America.

Surely this global giant must feel the pinch from criss-crossing tariff policies, right? As it turns out, IBM isn't too concerned with the ongoing trade tensions.

Image source: Getty Images.

How exposed is IBM to the tariff tango?
There are different ways to figure out IBM's tariff exposure. I could take the complicated web of current and future tariff rates, apply them to each of IBM's products and services in various countries, and create an intimidating spreadsheet. Or I could look for management's statements about the tariff challenge.

The company helped me out by addressing the unpredictable tariff policies in the first-quarter earnings call. This call took place on April 23, three weeks after Trump's "Liberation Day" tariff announcement.

"Over the last several years, we have strategically diversified and streamlined our supply chain," said CFO Jim Kavanaugh. "Goods imported to the U.S. represent less than 5% of our overall spend and under current U.S. tariff policy, the impact to IBM is minimal."

Why IBM shrugs at tariff headlines
That brief statement means a couple of things to me:

It's IBM's only official discussion of tariffs in 2025, even though the trade expenses have shifted significantly since April. In other words, the tariff issue is hardly worth mentioning.
Applying tariff rates to "less than 5%" of IBM's global spending is not exactly nothing, of course. I'd hate to cover that multimillion-dollar bill from my personal accounts. IBM still builds mainframe computers, requiring parts from tariff-laden countries like China or the European Union. But the cost of products and services stopped at 16.3% of total revenues last year, and 5% of that gross expense ratio is less than 1% of IBM's incoming revenues. Even if every tariff were a beefy 100% surcharge, that's a pretty manageable extra cost -- and most of the international trade fees are far smaller.

IBM plays it safe anyway
I'm still waiting for IBM to issue further updates about the tariff situation, but I'm not holding my breath in anticipation. Yes, the company is tremendously global, but it can still operate comfortably without running into game-changing tariff expenses.

At the same time, IBM is taking action to minimize even this modest financial impact. Kavanaugh also noted that IBM is looking into alternative sources for tariff-laden components. Every dollar counts, you know.

Furthermore, Big Blue announced a $150 billion American investment plan at the end of April. The company will move significant manufacturing and research assets to domestic soil over the next five years, starting with $30 billion of mainframe development and quantum computing research operations. Again, the tariffs don't really hurt, but it can't be a bad idea to minimize the financial sting anyway. Plus, this homebound manufacturing move might unlock unrelated favors from the Trump team.

So, it makes sense to take some tariff-dodging action, but IBM would barely notice the extra costs anyhow. I don't expect Big Blue to suffer a tariff-related downturn any time soon.

Anders Bylund has positions in International Business Machines. The Motley Fool has positions in and recommends International Business Machines. The Motley Fool has a disclosure policy.

, /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against MoonLake Immunotherapeutics ("MoonLake" or "the Company") (NASDAQ: MLTX) and certain of its officers.

Class Definition

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired MoonLake securities between March 10, 2024 and September 29, 2025, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/MLTX.

Case Details

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that: (1) MoonLake misrepresented the efficacy of its drug candidate, sonelokimab (SLK), by claiming it was superior to other monoclonal antibodies despite lacking evidence of any proven advantages; (2) the Company repeatedly promoted SLK's superiority while knowingly omitting material facts about its comparative performance; (3) the Phase 3 trial results of SLK, which analysts described as "disastrous," revealed the drug's shortcomings and caused MoonLake's stock to lose nearly 90% of its value; and (4) as a result, the Company's public statements regarding SLK and its prospects were materially false and misleading throughout the Class Period. When the market learned the truth about MoonLake's misrepresentations, investors suffered significant damages.

What's Next?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/MLTX. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660. If you suffered a loss in MoonLake you have until December 15, 2025, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Attorney advertising. Prior results do not guarantee similar outcomes.

Contact

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | [email protected]

SOURCE Bronstein, Gewirtz & Grossman, LLC

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NEW YORK, Oct. 19, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Nutex Health Inc. (“Nutex” or “the Company”) (NASDAQ: NUTX) and certain of its officers.

Class Definition

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Nutex securities between August 8, 2024 and August 14, 2025, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/NUTX.

Case Details

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that: (1) HaloMD was generating lucrative arbitration outcomes for Nutex by engaging in a coordinated scheme to defraud insurance companies; (2) revenues derived from Nutex’s engagement with HaloMD in the IDR process were unsustainable to the extent they resulted from fraudulent conduct; (3) the Company overstated both the extent to which it had remediated, and its ability to remediate, material weaknesses in its internal controls over financial reporting; (4) as a result, Nutex was unable to account for the treatment of certain stock-based compensation obligations effectively; (5) Nutex improperly classified these stock-based compensation obligations as equity rather than liabilities;
(6) the foregoing increased the risk that Nutex would be unable to timely file certain financial reports with the United States Securities and Exchange Commission (“SEC”); (7) accordingly, Nutex’s business and financial prospects were overstated; and (8) as a result, Defendants’ public statements about the Company’s business, operations, and prospects were materially false and misleading at all relevant times.

What's Next?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/NUTX. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660. If you suffered a loss in Nutex you have until October 21, 2025, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Attorney advertising. Prior results do not guarantee similar outcomes.

Contact

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | [email protected]

Investors interested in tech stocks will find that each presents different value propositions.

There's no doubt that over the past decade, the tech sector has been the most rewarding for investors. In fact, nine of the world's 10 most valuable companies are now tech companies, with each of them having a market cap of at least $1.4 trillion (as of Oct. 15). 

There are plenty of tech stocks that make for great investments, but one of the best ways to take advantage of the tech sector's growth is by investing in a tech-focused exchange-traded fund (ETF). These ETFs provide exposure to the tech sector while minimizing the risks that come with investing in individual tech stocks.

Two tech ETFs that are popular choices are the Invesco QQQ Trust ETF (QQQ 0.66%) and the Vanguard Information Technology ETF (VGT 0.24%). Each does a good job at providing exposure to the tech sector, but if you had to choose one, which one should you select?

Image source: Getty Images.

What each ETF focuses on
QQQ is an ETF that mirrors the Nasdaq-100. The Nasdaq-100 is a subset of the Nasdaq Composite, containing the largest 100 non-financial companies trading on the Nasdaq stock exchange. Although it's not a pure-tech ETF, the tech sector makes up over 60% of the fund.

On the other hand, VGT is more of a pure-tech ETF. It contains 314 companies, all from the information technology (tech) sector. Most of the companies are large-cap companies, but there are mid-cap and small-cap tech stocks included.

The two ETFs share four companies in their top 10 holdings:    

Company
Percentage of QQQ
Percentage of VGT

Nvidia
9.56%
17.16%

Microsoft
8.34%
13.35%

Apple
8.03%
13.09%

Broadcom
5.85%
4.47%

Data sources: Invesco and Vanguard. Invesco holdings as of Oct. 10. Vanguard holdings as of Sept. 30.

Both ETFs are weighted by market cap, which is why these megacap tech stocks account for such a large portion of the ETFs.

How each ETF has performed in the last decade
Both QQQ and VGT have had very impressive returns over the past decade, but VGT has outperformed QQQ by 616% to 468% in that span. This works out to 21.8% and 19% average annual returns, respectively.

VGT data by YCharts.

Much of VGT's outperformance has come in the past year, particularly with the explosion in growth from Nvidia, which accounts for a large part of the ETF.

So, which ETF is the better choice for investors wanting to invest in tech?
There are a couple of things that stand out about VGT. First, its performance over the past decade compared to QQQ's. Additionally, it's cheaper than QQQ, with a 0.09% expense ratio compared to QQQ's 0.2% expense ratio. That 0.11% difference seems small on paper, but it adds up over time to a real difference in returns. If you were to invest $500 monthly into each and average 10% annual returns, you'd pay over $4,200 more in fees in 20 years with QQQ.

All that said, I still lean toward QQQ being the better option because it's more diversified than VGT. I wouldn't consider either of them "diversified" in a traditional sense, but four companies -- Nvidia, Microsoft, Apple, and Broadcom -- accounting for 48% of VGT is cause for caution in my opinion.

This heavy concentration has worked out in VGT's favor, but the same thing that made it soar can also make it tumble if those companies experience a pullback (which isn't far-fetched, given their high valuations). As those companies perform, so does VGT for the most part.

QQQ is also heavily weighted in those companies, but it has other non-tech companies in its holdings that can help pick up the slack if the tech sector goes through a down period. With QQQ, you get exposure to some of the world's top tech companies, yet performance isn't solely reliant on their performance. That's a better approach for long-term investors.

Stefon Walters has positions in Apple and Microsoft. The Motley Fool has positions in and recommends Apple, Microsoft, and Nvidia. The Motley Fool recommends Broadcom and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.

The Amazfit brand has helped Zepp Health bounce back in a big way after years of negative returns.

After several years of losses, Zepp Health Corporation (ZEPP -3.29%) took off in 2025. The manufacturer of smart wearable technology is up over 1,900% on the year, as of Oct. 16, and most of that growth came during the last three months. That's much better than Apple, the leader in wearable devices, which has lost about 1%.

What turned around Zepp Health's performance? One strategic shift has made all the difference.

Image source: Getty Images.

Building its own Amazfit brand is driving growth
Zepp Health began as Huami, a spinoff from Chinese electronics giant Xiaomi. Huami sold Xiaomi-branded wearables through a licensing agreement, making it highly reliant on that company.

In 2021, Huami rebranded to Zepp Health and started transitioning away from the Xiaomi brand. It focused on developing its existing Amazfit line of smartwatches and fitness trackers. This was a risky move, and until recently, Zepp Health's share price and revenue were consistently trending downward.

Now, however, it's looking like a smart decision. Zepp Health reported revenue of $59 million in the second quarter of 2025, a 46% year-over-year increase and its first overall revenue growth since 2021. Crucially, it also reported that the growth came entirely from Amazfit products.

In addition, Amazfit has been building a roster of elite athletes to serve as brand ambassadors. One of the latest big names is Baltimore Ravens running back Derrick Henry, who joined Amazfit in July.

Zepp Health is still a risky company and not profitable yet. If you're just looking for a steady performer, Apple, despite lackluster recent returns, is the better way to go. But if you're looking for smaller tech companies, particularly wearables manufacturers, Zepp Health is one to watch and potentially add to your portfolio.

Lyle Daly has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple. The Motley Fool recommends Xiaomi. The Motley Fool has a disclosure policy.

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Fundstrat economic strategist Hardika Singh shares why she's shocked by how strong this market has been despite so many curveballs thrown at it (0:30). News priced in this relentless bull market (8:00). ETFs and stock picking (13:15). Buying the dip will power us to new highs (19:20). Puzzling economic data (21:30). Gold's surprising rally (27:00)

Transcript

Rena Sherbill: Very happy to welcome to Seeking Alpha, to Investing Experts, Hardika Singh, economic strategist at Fundstrat. Welcome to the show, Hardika. Really great to have you on.

Hardika Singh: I'm so excited to be here.

RS: It's great to have you. So talk to us about how you're thinking, briefly speaking, give us a general overview of how you're looking at these markets. Smack dab in the October. How how are you thinking about things generally speaking these days?

HS: I am just completely shocked by how strong this market has been even though there's been so many curveballs thrown at it.

You have the shutdown right now, and it's looking out, it's not short by any means. It's been many, many days now.

We have tariffs. We have a rise in geopolitical tensions and trade wars. And despite it all, this AI driven bull market, it's been all gas, no breaks. So I'm just completely surprised in a happy way about how strong this market has been.

RS: What would you say is the number one place that you're looking or you would encourage retail investors to be looking at this market in terms of capturing the most alpha? Is there a place that you're looking at that you would categorize as such?

HS: The most alpha, I think, can be, this is going to sound like a cop out answer, but it's really tech. Tech and utilities.

This AI driven bull run that we're seeing right now is not only benefiting tech stocks because of the other chipmakers, but we also have a huge surge in demand for power generation and these data centers that are being built out.

And I think utilities has been a big beneficiary in that. I have to double check, but I think that utility sector in the S&P 500 (SP500) is one of the top performers this year.

So I think that's just another sign that you can look outside of tech, but it still remains in this AI circle and will benefit big from that boom.

RS: What would you say about the data centers and utilities? How would you encourage investors to think about the bigger players, the up and coming players? How do you think about that theme?

HS: I think that the biggest sign of that can be seen right now in what's happening with Russell 2000.

Since the market low in April due to Liberation Day, Russell 2000 has been on a steady climb higher. And it wasn't until the past month that people really started to pay attention to it.

They're a very unloved group of the market. You're all large caps all the time, but then you have small caps.

No one cares about them as much. But if you look inside this recent rally posted by small caps, you will see that a lot of these players that are winning are actually tied to technologies, industrials, and utilities. So you have to look deeper in there.

And if I could just name a few stocks, you have Credo Technology (CRDO) shares. They've almost doubled this year. They make electric cables, and obviously, electric cables right now are benefiting from this current data center build out.

You have Bloom Energy (BE). Their shares have almost quintupled this year. They have fuel cells that can turn natural gas or hydrogen into electricity, which is in high demand right now.

Again, we need power to have these data centers. And then you have Oklo (OKLO), which is like a nuclear play, shares of which have more than sextupled, also lifted higher by the same AI enthusiasm. And full disclosure, after double, triple, quadruple, I kinda had to look out what comes next.

I think that this same wave of AI enthusiasm is also carrying smaller players and more it's not just the legacy players anymore. You have smaller ones too participating.

RS: That's funny. That maybe the best way to synthesize what's happening in the tech space, which really, as we talk about a lot on this podcast, is ever reaching every day ever further. But to say, what's the word for five times that? That's where we're at.

As we're talking, I realized for people that don't know, would you give a little bit of your background about how you got into investing and what has changed for you since the beginning until now and what maybe you've been rethinking.

Like, you talked at the beginning about being surprised by the length of this run. Maybe what that has catalyzed for you in terms of strategy or what has further entrenched your strategy perhaps?

HS: So I work as an economic strategist at FundStrat, and that's just really a fancy title for somebody who reads and writes and talks all day every day. And it's a really fun job because who doesn't wanna read and write every day. `I look at markets. I figure out what's the best way to look at the signals that are going on and synthesize them in a way that makes sense, makes it entertaining for people to read.

I think that, with this year's market, I personally was in the bearish camp when tariffs were being thrown around earlier this spring. And I was on vacation in in Mexico, and I had just landed. And I was headed to the hotel, and I remember seeing all the news because I wasn't keeping in touch with my phone during the four hour flight.

And then I saw all the news, and I was just like, oh, no. The stock market is not gonna handle this very well. And sure enough, the next few days, they were very, very volatile.

And I think that I was in one of those bearish camps because I was just like, I just don't see how consumers and corporations are going to take this in stride and say that, you know what? This is not a big deal. We're gonna be just fine.

But over the next few few months and few weeks, I was surprised at how the stock market kept recovering, and I think part of that was due to how fast the stock market fell. The news was just announced. We didn't even know if the tariffs were going to go into effect and actually cause a decline in economic activity. We didn't know all these things.

But still, the stock market fell so much. And I think the reason why we have continued to recover from it is because so far it's mostly corporations and businesses that are paying these tariffs.

A big impact hasn't been seen on consumers, at least from the economic data that was released before the shutdown. I think I saw this stat that about 51% of the tariffs are being paid by US businesses right now versus 37% by consumers.

I think that the president pretty early on was really, really, clear that he didn't want corporations to be charging consumers these taxes on the people air quotes.

And I think that's what's helped keep the stock market afloat. And at the same time, we have this huge AI bull run that shows no signs of slowing down. And I think that has really helped change the sentiment.

And for me, at least, I think that instead of focusing on this glass half empty view, I'm focusing on this glass half full view, and I think that's what other investors are looking at as well. That was the biggest change for me.

RS: And it seems also that things that are priced in, which explains the sustained bull market, and it seems like that's a big factor in this run. Would you agree with that?

HS: Yes. I think so. And I think that's why when even just a little bit of bad news comes in, stocks get hit, and then the next day, we recover.

I think that people are just sitting on the edge of their seats right now. Investors are sitting on the edge of their seats right now. And I think they're just looking for any argument to not believe in this bull market.

And that's something I've been writing about to our clients all year long that you can keep looking for a thousand reasons, but the fact of the matter is that this is a bull run that's relentless. And if you don't participate, you're going to get left behind.

RS: And what would you say about those those somewhat grizzled veterans or the not somewhat grizzled veterans, but those who have come from a more historical perspective and have looked at previous bubbles being popped and just prefer to be uber conservative?

Would you say the flip side to that is you just have to pick your place so you don't get punished when the bubble does prick, or do you think the bubble looks different this time or the pricking of the bubble looks different this time?

HS: Just the other day in our one of our notes, we ran this quote from Sir John Templeton that this time is different are some of the most dangerous words in the stock market.

And I think, that's a very valid argument. There are valid concerns that this might be a bubble. These AR circular investments specifically are signaling that this might be a bubble.

And I think that when you as an investor have lived through the dot com bubble, the financial crisis, it changes the way you think about investing. It changes your psychology.

And we have had a huge influx of investors since COVID 19 that are of this younger generation who haven't really been through these terrible periods in economic history.

And they don't they don't have that perspective. So they're helping push this market to new highs, whereas we have these other veterans who are very, very bearish.

Almost every every day, I see headlines from a top investor, a billionaire investor saying, no. This is not a good market. Sell, sell, buy gold. But I think these are all just concerns that are keeping you from long term investing.

If you're a long term investor, you have to stay focused, and you can't time the market. You don't know if it's a bubble. You don't know if it's gonna pop or if it's gonna pop next year. So I think you have to focus on the good side of things here.

So the bullish argument here is that you keep seeing these circular flowchart variations all over the internet these days, of how OpenAI is investing money into (AMD), and then Oracle's (ORCL) investing money into AMD, and then NVIDIA (NVDA) itself is putting money into OpenAI, and they're all putting money into CoreWeave (CRWV) and this circular bubble chart.

And I think that is the biggest contrarian indicator itself. If people on Wall Street are making flowcharts that look like really cute graphics, it's fine. We're gonna be okay, you guys. I don't think the enthusiasm has run ahead of itself.

Besides, I think that these large circular investments are necessary when we have a technological breakthrough the likes of AI happen so that scale can be achieved faster.

And that's why I think that we can't really compare this to previous build outs in history, like the railways or the fiber optic grids because it's just so different in that respect.

We are still finding out in which AI will be beneficial and all the ways we can monetize it.

I think that's why I'm not too bearish about this bubble yet because we're still seeing a really high demand for this compute power. And if we didn't have this demand for compute power from these companies, I'd be like, okay. Hold on. We've bid up the shares of these data centers and utility players so much because of AI, and they're not even seeing demand for it.

So in this case, it's better for these companies to be investing in others because they're noting demand for it. I think it was Greg Brockman who said the OpenAI president and cofounder, he said that I'm far more worried about us failing because of too little compute than too much.

I think that the greater risk right now is that you don't build out enough. I think we need to keep building this out and see where it goes. And, hopefully, it's not a bubble. There's no good way of knowing. But, I think that's what I'd tell to the veterans.

RS: Another change that we have seen in the intervening years from the last big bubble, let's say, or in just recent years in general, and I think that has inspired and attractive attracted a lot of younger investors, newer investors, has been the influx of ETFs into investing.

With these market highs, with this AI bull, it gets more and more specified and more and more nuanced, but the ETF market still stays broad as well as it was originally marketed to investors as a broader way to be invested.

What would you say in terms of investing, specifically retail investors, and what you're seeing out of the ETF space and how you think about in terms of - is this a stock picking environment? Is this a good place to get into ETFs? How are you thinking about that comparison with ETFs and stocks?

HS: Just by top level numbers, the mood right now for ETFs is good.

September saw about 115 ETF launches, which is the highest yet for a single month in 2025, and that's up 55% from August. That's really good because you have to remember that ETFs are a very long game.

As an ETF manager, you're not gonna go through all the hard work of getting the paperwork ready and filed and all the marketing pieces done if you don't feel confident enough that the market is in a good place right now.

And I think that if ETF managers are putting out all these ETFs at this moment, then that means that they're bullish on the market.

They think that there's demand for it. And as of now, I think the Round Hill meme ETF (MEME), that might have made a comeback. The Round Hill meme ETF, it was really like the poster child for the COVID era meme stock boom. And just recently, it announced that it's coming back with a new set of meme stocks in it.

And I think that with investors, retail specifically, ETFs are a good way to get diversified, especially if you're worried about a bubble, ETFs might be a good way to see that okay. If I'm buying the S&P 500, I'm getting so much of NVIDIA. I'm getting so much of all these other big magnificent players in it.

I don't really wanna own all that. I wanna own energy stocks instead because of how well they're doing or something. Just throwing this out there.

If they wanna do that, then you can buy a sector specific or something from Invesco or iShares that can help you get that diversification that you can get in a regular index fund at this moment because it continues to be so overpowered by these tech players.

I think in cases like that, it's better. And there's also so many stocks that don't ever make it into the S&P 500, or even in some of the other players.

And I think in cases like that, it definitely makes sense for you to get your diversification from ETFs. For example, you have uranium. That's a huge topic right now.

And there are a few ETFs that help you track it and help you invest in it, in stocks trading in it even if you can't directly buy futures in the uranium market because that'd be difficult for the investor to do.

I am definitely a contrarian investor. I look at markets from a contrarian view. So earlier this year, when everybody was saying that Google's (GOOG) (GOOGL) dead, no one's using it anymore, it's the era of looking up things on ChatGPTnow.

We had some interns in our office, and they kept calling it. I'll ask Chad, and I I'm thought I misheard. I was like, did you say Chad? Who's Chad? And they said, no. That's Chat. That's apparently, they have a cute nickname for it and whatnot. So, you know, you can tell the younger generation's really excited about ChatGPT and whatnot.

But I was curious. So I basically started to look up the same thing on Google and also ChatGPT to try to figure out, is there any benefit to going on this instead of a search engine to going to ChatGPT?

And, honestly, I couldn't find all that many differences so far. Maybe the things that we're looking up were too simple, but a lot of the important context clues were missing, in ChatGPT searches.

So I was of the opinion that Google's gonna keep making it. Google's not gonna disappear and fade away because of this worry that ChatGPT's gonna take over search engines.

And for me, that ended up being an important thing because just a few months after that, we saw Google indeed recover, albeit it was not because of its place in the search engine wars, but more so because of antitrust regulations seem to not be affecting it at this moment.

So I think that, for me, that ended up being more of a contrarian trade because so many people were so negative about Google, but I was able to look through the noise and say that, well, I can't really imagine a world without Google. I'm not sure you can either, but I think you're just being influenced by group think at this moment.

RS: So what are the things that you're looking at? I hear from that answer that a lot of it is, or not a lot of it, but in this case, it was narrative driven and a bit of intuitive sense. What else are the things that you're thinking about or implementing when you're looking at the market?

Also, I'm curious how much do you pay attention - is it equal measure, let's say, earning season and economic data? And how many things are you putting into the mix as you're as you're thinking about things and assessing them?

HS: I try to do just about all of them as somebody who tries to have a macro view, 30,000 feet view, I say. I try to look at almost all of them, but I think, one of the most important things right now is buying the dip and how it keeps paying off this year and how it's spoiling this whole new generation of investors right now.

I think there used to be a time where you would wait a much longer duration, and you wouldn't get as much reward for buying the dip.

But I think that's completely changed right now, and I think that's gonna help keep powering this market to new highs.

Just as a stat, after each one day drop of 2% or more, the S&P 500 has gained over the following week more than 85% of the time.

It posted an average rally of 2. 6% over that duration. But then if you go back to 1950, the S&P 500 usually advances over the following week about 58% of the time with an average gain of 0.6%. So this new generation is waiting less and reaping more rewards from buying the debt compared to the older ones.

And I think that any meaningful declines that we see will be shallow because, you know, more investors will be enticed to jump in. I think, especially this week, that's what we've been seeing. Friday, markets fell. Then Monday, we saw some investors come in, Tuesday to Wednesday as well.

Thursday, there were separate issues regarding regional banks. But I think overall, buy the dip has just completely changed the way markets operate from here on out.

RS: And what would you say about the economic data coming out that many people are categorizing it as being, a bit depressed if you're looking at the economic data. Others are pointing to optimistic notes.

What would you say about the data that you're seeing coming out? What would you say about the labor market and the number of rate cuts that probably are coming down the pike from the Fed. What would you say about that in context for investors?

HS: It's been so difficult with the economic data recently because you're right.

You can have this really optimistic view if you really focus on one data point within this release, or you can have this really pessimistic view depending on what you're looking at.

And, truly, it's just been very puzzling to me.

If you just look at the job market, it's not looking good for young people at all. Young people can't find jobs. You hear from people who've just graduated college. It's nearly impossible. And it's not just that it's hard, it's also hard for people who studied really difficult things in school. You have computer science. Those people can't find jobs.

And then on the other hand, there's this flip in the narrative that parents are encouraging their children to study liberal arts because they need people who can have original thoughts, have critical thinking skills.

It's just completely lopsided at this moment. And I think that with the shutdown, the fact that we didn't get a nonfarm payrolls report, I didn't like that, personally.

We didn't get CPI this week either. We may get it next week, but the Fed might have said that, yes, we're likely going to get great cuts at the October.

But I think it's still better for investors to have those datasets so we can look through it and say, okay.

Maybe the economy is in a more precarious position than we have thought. Maybe we need a greater rate cut or say that, no, 25 basis points is right because economic data doesn't look too concerning.

But for me, I think the lack of that has also contributed to investors being on the edge of their seats so much right now because we don't have that confidence.

And we'd really need that confidence because we love to know what's going on with ADP. We love to know what's going on with other datasets, but we don't really have that because of the shutdown.

And something that I was surprised to learn was also that so many of these private data reports are also benchmarked to the BLS datasets or they get their data from the BLS.

So I was surprised that even they couldn't put out their reports during this time. So it's like, my gosh. What do I have? Some weird report from some random place I've never heard of before?

This isn't really giving me confidence that the economy is in a good place right now. But until we see evidence to the otherwise, I think that, yeah, the Fed can confidently cut rates 25 basis points.

We need it. And I think that that's gonna help keep powering the market to new highs.

RS: Do you have any takes about data being released if the shutdown is prolonged, or have you heard any good takes?

HS: I think, honestly, I haven't heard any good takes, and I think that's the most surprising thing for me because I don't think investors are caring at this moment that we don't have these really important reports that previously our whole monthly schedule was tied around to.

I would wake up early to watch the jobs report or CPI. And I think the fact that nobody cares about that at this moment is a little concerning.

RS: The lack of concern is concerning.

HS: Yes. It's the complacency. It's Yeah. We're good. And, in the office itself, we've been having lots of conversation about what it's been like to go through an airport at this moment.

I went to personally the Social Security office last week, and everything's been fine. I haven't had any delays. I didn't wait in line too long.

I didn't have to go through a random inspection or anything. None of that has happened. So, personally, in real life, we haven't been able to see the impact of shutdown, and I think investors have been surprised by that.

And that's why I think it's not a really big concern for them that we don't have these really, really important reports at this moment.

RS: What from an economic perspective, do you have any sense of how long this might last or how long we could do without data? And then when we do get it, is it gonna be from the time that we miss? Do you have any idea of how that works?

HS: I think that if we go another month without data points being released, and the data points do get released after, say, that one month, and they're not good, the market would be in for a reckoning.

And I'm not saying that it would be long lasting. It's entirely possible that it ends up being short term. But I think that the market will have to adjust to price that in. Efficient markets.

They'd have to adjust to price that in, and then we can start moving higher again once we once the Fed steps in. It's like, okay. Don't worry about this. We're gonna give you guys rate cuts. Everything's gonna be fine.

Don't worry about it. But I think that if this economic data, this whole time has been brewing under the surface and it's not good, and we find that out many, many weeks from now, it's not gonna be pretty for the stock market at first.

I think there would be some there would be a correction probably. And then after that, we could recover. But until we know that for sure, it's hard for me

RS: Anything to say with gold hitting record highs, anything to say about those themes, sectors, points of the market?

HS: I do, actually. I've been surprised by gold's recent rally. I used to be a gold reporter at the Wall Street Journal. And when I used to write about it my editor and I would say that if it's above 1 or 2%, we can easily do a story about it.

And it seems like these days, that's almost an everyday move, which is just so bizarre to me. I think that a lot of people are jumping in, especially retail investors right now, are jumping in because they're like, oh my gosh. Look at gold. I should be diversified. I'm way too heavy in tech.

And then I'm seeing this stat being floated around that since the turn of the millennium, gold has rallied way more than the S&P 500. And I think that's not a full picture of gold.

If you look over an even longer duration, gold has actually not kept up with equities. And this whole argument that gold is helping outperform equities is not right.

You have to look at a longer duration than just twenty five years because guess what? Most of us are investing for longer than twenty five years. And I think that when people don't talk about that, I'm like, no.

You're missing half the picture. The whole joke that share price performance can be whatever you want it to be if you pick your time period correctly? I think it just it goes into that. You have to look at it from a longer term perspective.

And I think that if you just look at its rally from 2000, you're gonna miss the bigger picture here. And it's that stocks are always going to outperform just about everything.

RS: As we're talking about the markets and you mentioned tariffs at the beginning, what would you say geopolitically, internationally speaking? How are you seeing things in terms of China and tech and Trump getting into some tech names or the government getting into some tech names? What would you say about all of that or or anything to add to that conversation?

HS: I've been surprised how Intel (INTC) keeps getting propped up by the government and by basically everybody else because it is such a hallmark of the American semiconductor industry.

For me, personally, I think that if you're an investor and you're trying to think about buying some of these stocks, and if you're buying solely for the basis of the government investing into it, you're a speculative investor.

And, sure, you might be joining the short term gains, but these are multiyear cycles. And it's not even clear if the government investment or the government buying a stake in it will actually lead to payoffs.

It's not clear yet. So if you're going to be investing in it, you need to be sure that you know where your time period is because, otherwise, you could be caught off guard.

RS: Any specific market ETFs to highlight for investors to be looking at right now? Anything that you would throw out there?

HS: I have been surprised by (URA). It's the Global X uranium ETF, and this year, it's up almost 100%.

I think that it's really hard to be invested in some of these nuclear and uranium stocks right now because they're such complex companies, and you can't really go out and buy futures of uranium, like I said.

But I think this is a really good play on all the all the stocks and the main players in it. And, if you do want exposure to some of these power generators, this would be this would be a good play.

RS: I'm curious your thoughts about the Fed's last meeting, what you would say about the composition of the Fed, if you would say anything about that, what you might say about coming rate cuts or not coming rate cuts, anything to add about the Fed and what we might see coming from them?

HS: For sure. That was Stephen Miran's first Fed meeting. And he has been doing a lot of media appearances recently, just like me. Yes, it can be concerning that he hasn't really stepped away from his other role in the White House at this moment.

That's a very unique circumstance. But at the end of the day, he is just one Fed governor. The Fed body is so much bigger than that. And even though he could be I'm saying could be very a lot of stress on that. He could be hall of fame champion, President Trump's view of where the economy should be going.

He's still coming from an economist's perspective. I think that I remember after the rate cut happened, he talked a lot about the Taylor rule that he was looking at to figure out where rates should be going.

And I think that was a big sign of relief for me because I wasn't like, oh, thank god. He's not just coming and saying, cut them all, cut all the rates.

Let's go back to 0% error. He wasn't saying any of that. He was actually coming from a very informed perspective. And I think it's good to have that diversity of thought in the Fed because you want to have that. You want to hear different perspectives. And as long as they're informed perspectives, I think that's fine.

RS: Anything else that you feel like is important for investors to keep in mind right now?

HS: Oh, yes. I do have one point, actually, about earnings expansion right now. So I put together this chart, and I've been surprised that earnings haven't supported new highs in the stock market at this level since January.

That's very bullish for the stock market because these new highs, they're not just coming willy nilly speculative. They're not. They're actually being backed up by earnings growing, and I think that's a really good sign.

In the third quarter, earnings are expected to grow 8% from a year ago. And based on just how much improvement we see over the course of a quarter, the estimates are actually for 13%.

That'd be the fourth straight quarter of double digit growth. That's incredibly good given that we have all these horrible things happening to corporations right now.

They have to pay tariffs now. They have to deal with an uncertain consumer. They're spending bunch of money to build out these data centers. I think this is great.

I think earnings growing is a really good thing, especially as we keep seeing highs in the stock market. So I think that we're still in this relentless bull market, and I think we're just gonna keep going higher and higher.

That is unless economic data says that job growth was a negative bajillion. In that case, it's over. I'm joking. I'm joking.

RS: Negative bajillion is very concerning. You heard it here first. Let me ask you this. In terms of just as we're closing out the conversation, I'm curious if you have any special insights or anything to share with our audience about how to properly value stocks these days.

Is there anything that you're keeping in mind as there's a pretty prevalent difficulty in being able to properly value stocks. Anything to to say to that?

HS: The best tip I have for that is that if you like something and you've been watching a stock for a while now and it goes down, don't let that deter you from actually pulling the trigger and buying it.

And I know so many people see a stock go down, and number one, they're either hesitant to get in then because they're like, oh, it went down. I must have been wrong with my investment thesis. And now I've missed the boat. I don't wanna buy it.

Or number two, what I see a lot of people do is that a stock goes down and then they get greedy. They're saying that I'm gonna wait for this to go down a little bit more so I can buy it.

Don't do that. If it's down enough to a comfortable level that you think that you can recoup it and go bigger, you should just buy it. Don't wait for it to fall more so you can win bigger.

You have to think long term, especially with younger retail investors. Many of us who entered the market after COVID 19, you can't think about this from the perspective of two years.

You have to go maybe five years, maybe ten years. This is a multiyear secular bull cycle. We have to we have to think about it through that lens.

RS: Hardika, I really appreciate you coming on. Looking forward to keeping these conversations flowing and going. Again, you're from Fundstrat, economic strategist at Fundstrat. Where can investors get in touch with you? Where can they see more of your work? Happy for you to share that.

HS: I'd love to hear from you. Reach out to me at hardikainvest@fundstrat. com. I'm also on LinkedIn and recently, TikTok. So please come follow me.

Think about Bitcoin's long-term potential before you buy the dip.

The initial October optimism that pushed Bitcoin (BTC 1.37%) to a new high has quickly faded. On Friday, Oct. 17, Bitcoin slipped below the $105,000 mark -- a 17% drop on its Oct. 6 peak of over $126,000. Prices moved slightly higher over the weekend, but uncertainty rules as investors try to make sense of credit concerns and the largest liquidation event in crypto history.

An unexpected China tariff threat on Oct. 10 jolted markets and triggered a cascade of liquidations. CoinGlass data shows that over $19 billion in leveraged positions was wiped out in what's being called "Crypto's Black Friday." The flash crash, and concerns about private credit quality, are driving a wider risk-off sentiment.

For investors, this raises the question of whether it is a good time to buy. That depends a lot on your investment thesis.

Image source: Getty Images.

Is it time to buy Bitcoin?
When cryptocurrency prices fall, there's often a rallying social media cry to "buy the dip." It sounds great in theory, but it isn't always that simple in practice. For starters, it is almost impossible to know how far Bitcoin might fall so you can call the bottom. There's also no point in trying to buy the dip if you don't think Bitcoin has long-term potential.

In terms of the dip itself, it's worth noting that Bitcoin's price is still up about 60% year over year, and that cryptocurrency investors are used to dramatic price swings. That doesn't stop these big drops from being unnerving. Even so, there's solace to be taken from the fact that Bitcoin has always erased its losses and gone on to set new highs.

While there are no guarantees, Bitcoin could have long-term potential, and various institutions like ARK Invest are optimistic about its future. ARK's most bullish price target for the lead crypto is $1.5 million, based on its potential as an emerging market currency, an institutional asset class, and even as "digital gold." In its latest report, ARK points out that Bitcoin balances in corporate treasuries increased by 40% in 2025, and that spot Bitcoin ETF balances have reached new highs.

Bitcoin's digital gold credentials are questionable
One notable driver behind Bitcoin's growth in 2025 is that it appears to be maturing as an asset. The influx of institutional funds not only buoyed the price, but it also reduced volatility. That gave more credence to the argument that Bitcoin could act as a form of digital gold -- a store of value that may hold its worth over a long period.

Any hedge against uncertainty has a lot of appeal today, as people look to protect their investments against inflation and a softening dollar. It's true that Bitcoin and gold have a lot in common. For example, only a fixed amount of Bitcoin can ever be mined. Bitcoin is decentralized and can't be controlled by individual governments. The blockchain is durable and, like gold, should stand the test of time.

However, Bitcoin has yet to fully prove itself as a safe-haven asset. Take October: Gold has continued to trend upwards and reach new highs, while Bitcoin erased many of its gains from the past three months. It isn't the first time that Bitcoin has behaved more like a tech stock than a form of modern-day gold. For example, in 2022, when the Federal Reserve introduced dramatic interest rate hikes to combat inflation, Bitcoin's price tanked alongside other high-risk investments.

Bitcoin is still a relatively new asset, and it may still develop as a form of digital gold. It may also have other potential use cases that push it upwards, particularly with a pro-crypto administration in power in the U.S. However, recent weeks have shown us that it is not there yet.

Don't buy Bitcoin just because the price has dropped
If you've been watching Bitcoin's price soar this year and wondering when might be a good time to get in, the recent drop may make it more attractive. But what counts is your long-term rationale for investing in Bitcoin. This especially matters if you're looking for a safe-haven asset. In that case, Bitcoin may not be the best choice, even at a lower price. The digital gold narrative is questionable and may not hold up under pressure.

There's also the challenge of knowing how far Bitcoin might fall. Bear in mind that it dropped almost 75% in the year that followed its Nov. 11, 2021 peak. Dollar-cost averaging -- buying smaller amounts at regular intervals -- can help to manage this type of volatility.

However, if you think it has potential in other ways -- whether that's institutional and corporate accumulation, government treasuries, or through emerging market currencies -- today may be a good time to buy. Bitcoin is maturing and regulatory changes are clearing the path for increased mainstream adoption. Bitcoin ETFs make it more accessible and take out a lot of the headaches over custody.

We've seen Bitcoin eventually recover from extreme price dips, and there's a good chance it will soar once again. What matters is to be clear about your investment rationale, and make sure that Bitcoin is a small part of a wider risk-adjusted portfolio.

Emma Newbery has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has a disclosure policy.

Strategists warn a deeper pullback toward $1.55 remains plausible before a structural recovery attempt toward the $7–$27 corridor.Updated Oct 19, 2025, 1:42 p.m. Published Oct 19, 2025, 1:42 p.m.

(CoinDesk Data)

What to know: XRP stabilizes above short-term support after a volatile period, with strategists cautioning a potential pullback to $1.55 before a recovery.The token consolidated between $2.34 and $2.39 following a sharp rally, with market sentiment remaining cautious amid significant cross-crypto liquidations.Traders are closely monitoring ETF headlines and macroeconomic developments as potential triggers for future volatility.XRP trades narrowly after a volatile stretch, holding above short-term support as market participants weigh renewed risk exposure. Strategists warn a deeper pullback toward $1.55 remains plausible before a structural recovery attempt toward the $7–$27 corridor.

News BackgroundThe token steadied through Thursday’s Asia–U.S. crossover, consolidating between $2.34–$2.39 after a sharp rally earlier in the week. The midday surge to $2.39 on October 18 drew 42.23 million in volume — nearly double the 24-hour mean — before fading into a tight band near $2.35.Market sentiment remains cautious amid $19 billion in cross-crypto liquidations triggered by escalating trade tensions.Ripple’s proposed $1 billion capital raise and the SEC’s ongoing review of six spot XRP ETF filings continue to shape positioning. Institutional desks report lighter leverage exposure and rotation into cash collateral as traders prepare for policy headlines and macro catalysts.Price Action SummaryXRP moved in a compact 2% range across the October 18–19 session, carving a floor near $2.34. Bulls briefly retested the $2.39 ceiling before sellers reloaded. Volume thinned through the back half of the day — a classic pre-break compression.The final hour (07:10–08:09 UTC) saw XRP rebound from $2.34 to $2.35 on 590K in turnover, suggesting the earlier fade may have been a false break rather than a clean trend reversal.Technical AnalysisPrice structure remains neutral-to-bullish while XRP trades above $2.34 support. Intraday action shows an accumulation pocket forming within the $2.34–$2.35 band, with clear resistance anchored near $2.39.Momentum models show declining volatility and RSI resetting after prior overextension. A decisive break above $2.39 reopens $2.47, while failure to hold $2.34 exposes the $2.28–$2.31 cluster. Longer-term technicians flag a potential 40% correction toward $1.55 if broader risk-off sentiment intensifies — a move that could set the stage for the next cyclical advance.What Traders Are WatchingDesks are watching ETF headlines into October 25 as potential volatility triggers. A reclaim of $2.40 with volume confirmation could ignite the next wave toward $2.65. Macro traders remain wary of U.S.–China tariff developments and Fed language around liquidity — both viewed as catalysts for the next impulse move.More For You

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NYDIG's Global Head of Research, Greg Cipolaro, argues that stablecoins like USDC, USDT, and USDe are not truly pegged to the U.S. dollar, but rather float based on market supply and demand.The recent $500 billion crypto market sell-off revealed the instability of stablecoins, with prices fluctuating and some assets like USDe dropping as low as $0.65 on Binance.Cipolaro suggests that the perceived stability of stablecoins is actually due to arbitrage and market dynamics, and that users often misunderstand the real risks associated with these assets.Read full story